Will I be liable for my mom's debt if she passes with nothing in her name.

I'm not a how many posts do you have kind of guy but when you have over a 1000 comments and like 40 likes you need to reevaluate your approach to things.
 
he's asking a legit question. but like @Big_paul said I don't think they can go after you for the credit card bills unless she has an estate and they have a lein.

I often joke with my kids that when I pass all I'm leaving them is bills. this is like the reverse.
 
Family will always be worth more than money, your family took care of you, now is the time to pay your dues and take care of your family.
Best post right here, and this thread has to be some rather sick trolling. My father died in 2006 and he left me nothing but didn't really care as my dad had been aloof towards me for most of my life. My mom's 71 years old and I still care for her deeply and would never scheme to take assets from her (and she has none anyway).

Who in their right mind would scheme to run up debt in his parents' name and then walk away? That could mean prison if it could be proven that this was fraudulent activity. So come on OP, why even post this thread anyway?
 
At her age I doubt anyone will give her life insurance and I am getting about $400k from her but I dont want to piss away the $100k or so I could squeeze out of credit cards that she wont back pay on. Its basically free money I would be throwing away if she passes away with perfect credit and no debt like she is right now.
you're getting 400k how? if she's leaving you that much then yea the creditors will try and get the money.

if it's life insurance I dunno, because technically I don't think that is hers? I dunno tho.
 
he's asking a legit question. but like @Big_paul said I don't think they can go after you for the credit card bills unless she has an estate and they have a lein.

I often joke with my kids that when I pass all I'm leaving them is bills. this is like the reverse.
I would be morally obligated to pay my parents' debts, but in my case my dad's new wife wiped them in estate bankruptcy the following year.
 
if she takes in large debt right before death it will look suspicious. the creditors will most certainly come for their pound of flesh. 100k of theft will bring out the wolf.
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if she takes in large debt right before death it will look suspicious. the creditors will most certainly come for their pound of flesh. 100k of theft will bring out the wolf.
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Exactly, and certainly would open the OP to lawsuits by creditors not to mention criminal charges if he didn't make good on it as it would be deemed theft by false pretenses. States come down quite hard on this and some serious prison time.
 
morals and credit cards/banks don't go together bud.
Agreed but my father's wife was a schemer herself. She weaseled money from my dad I learned and I was furious when I found out she played these sort of games. I had no legal leg to stand on as she was the executor of his estate.

Some people just have no morals when death is involved.
 
Ok first of all op, protecting your inheritance is one thing.
But you mentioned like 3 times that this little sceme of yours is "free money"
IT IS NOT FREE!
Your plan is to rip off the credit card company's. In this case it is not free money, it is STOLEN money.
If you take out debt with no intention of paying it back I would call that stealing. Legal loop hole? Maybe. Morally wrong? Diffidently yes.
No one here is going to help you. Your a scumbag, scam artist, theif.
 
if she died the day after they ran up the cards maybe.
let's entertain the idea that she can get enough credit to hit 100k in debt. her credit would have to be in pretty good shape to allow that much headroom financially to begin with. a sudden change in spending, even months earlier, so drastic to pull that much debt into the fold won't go unnoticed. 100k isn't a pocket full of cash. it's a suitcase full. people always come looking when a suitcase of cash walks away.
 
let's entertain the idea that she can get enough credit to hit 100k in debt. her credit would have to be in pretty good shape to allow that much headroom financially to begin with. a sudden change in spending, even months earlier, so drastic to pull that much debt into the fold won't go unnoticed. 100k isn't a pocket full of cash. it's a suitcase full. people always come looking when a suitcase of cash walks away.
Also credit card companies do notice when there's a sudden change in spending patterns or when large cash advances get taken or even a home equity loan gets drawn to the max rather fast and they will check with the cardholder to verify things. If they don't get a satisfactory answer they shut down all those credit lines.
 
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